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World News Tesla Ford Uber Scania

CUMMINS to Celebrate Its 100th
Anniversary at Bauma 2019
Cummins Inc. (NYSE: CMI) will celebrate its TESLA and FRITO-LAY to
100th anniversary at the Bauma show April 8 – Launch Near Zero Emissions
14, in Munich. Visitors coming to stand A4.325
will see where it all started, with the company’s Distribution Facility
first engine known as the HVID. It will be shown
alongside the latest B6.7 2019 Stage V engine, Tesla and PepsiCo’s Frito-Lay will work together to
highlighting 100 years of engine innovation. develop and produce a new “near zero-emission”
distribution facility. According to the company, the
facility will be comprise of a whole fleet of Tesla
Semi electric trucks, a few other electric vehicles,
a charging system, as well as some Tesla energy
storage systems and a solar array.

FORD to Close Oldest Brazil Plant,
Exit South America Truck Biz
Ford Motor Co said it will close its oldest factory
in Brazil and exit its heavy commercial truck
business in South America, a move that could cost
more than 2,700 jobs as part of a restructuring
meant to end losses around the world.

SCANIA Opens a New Factory in Thailand

The investment in a new factory in cabs, is the biggest production
Bangkok sends a strong signal to investment Scania has done outside
the market, and makes Thailand a Europe and Latin America.
hub for Scania’s operations in Asia. The new establishment is a

With a new assembly facility fully cross-functional set-up,
UBER Reportedly Raising $1B in for trucks and bus chassis in the manned by people from Scania´s
Deal that Values Self-driving Car Bangkok Free Trade Zone, Scania Production and Logistics, R&D,
is strengthening its presence
Purchasing as well as Sales and
Unit at up to $10B in Thailand and Asia. The new Marketing. The total investment
factory, which also holds a in the factory is THB 800 million.
manufacturing facility for truck
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